RF Industries, Ltd. (NASDAQ:RFIL), a national manufacturer and marketer of interconnect products and systems, has recently announced more than $4 million in new orders from multiple customers in the North American wireless carrier ecosystem. These orders include OptiFlex™ hybrid fiber, small cell solutions, and a $2.7 million long-term project for DAC Thermal Cooling solutions.
The company’s backlog as of July 31, 2024, stands at approximately $20.7 million, representing a 15% increase from the end of the fiscal second quarter. RF Industries believes that third-quarter fiscal sales have increased sequentially compared to the previous quarter.
Robert Dawson, the CEO of RF Industries, expressed his enthusiasm for the new orders, stating that they demonstrate the continued momentum the company is driving in the North American wireless carrier market. He emphasized the company’s commitment to expanding its value proposition with key customers in the wireless market, even during slower periods of broader spending.
The $2.7 million long-term project for DAC Thermal Cooling solutions is a significant win for RF Industries. The company’s DAC systems are industry-leading direct air cooling systems that provide low-maintenance, energy-efficient, and environmentally friendly cooling options for equipment cabinets, shelters, and enclosures. These systems have been proven to reduce electricity consumption by up to 75% compared to traditional HVAC systems.
RF Industries designs and manufactures a wide range of interconnect products used in wireless/wireline telecom, data communications, and industrial applications. Their product portfolio includes RF connectors and adapters, RF passives, coaxial cables, data cables, fiber optic cables, and energy-efficient cooling systems.
With their recent success in securing new orders and expanding their customer base, RF Industries is well-positioned to capitalize on the growing market opportunities in the wireless carrier ecosystem. For more information about RF Industries and their products, please visit their website at www.rfindustries.com.